Vermont Layoffs — July 2021
Employers in Vermont logged 3 WARN Act notices in July 2021, involving roughly 275 workers — climbing above June. The average filing covered 92 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 254 |
| Manufacturing | 2 | 21 |
The Finance & Insurance sector dominated layoff filings with 254 workers across 1 notice. Meanwhile, Manufacturing reported 21 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Washington | 2 | 265 |
| Orleans | 1 | 10 |
Washington was the epicenter of layoff activity, accounting for 96% of all affected workers with 265 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Montpelier | 2 | 265 |
| Newport | 1 | 10 |
Layoff Type Analysis
Layoff type classification was not available for filings in Vermont this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| People's United Bank | Montpelier | 254 | ||
| Web Industries | Montpelier | 11 | ||
| Rdi | Newport | 10 |
The biggest impact was at People's United Bank at its Montpelier facility, reporting 254 affected workers. Web Industries followed with 11 workers.
Trend & Outlook
This marks the third consecutive month of rising layoff activity.
This data points to mounting pressure on the Vermont labor market, with activity running above both recent and year-ago benchmarks. The Finance & Insurance sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by Vermont. The Worker Adjustment and Retraining Notification (WARN) Act requires employers with 100+ employees to provide 60-day advance notice of mass layoffs and plant closings. Data is updated daily by WARN Firehose. View all Vermont WARN notices, browse layoffs by state, or download the full dataset.